📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      What is the current Cash Reserve Ratio (CRR) fixed by

      the Reserve Bank of India (RBI)?
      A 4.25% Correct Answer Incorrect Answer
      B 4.50% Correct Answer Incorrect Answer
      C 4.75% Correct Answer Incorrect Answer
      D 5.25% Correct Answer Incorrect Answer
      E 5.55% Correct Answer Incorrect Answer

      Solution

      The CRR is among the important components of the RBI's monetary policy. As of 2024, the CRR rate is 4.5%, which has been effective since May 21, 2022.

      Practice Next

      Relevant for Exams:

      ask-question